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INDIA GRID TRUST

Highest Safety

Highest Safety

ISIN

INE219X07264

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Essentials - Secured - Regular Bond/Debenture

Coupon Rate (Returns)

8.2000 %

Rating

Ind-Ra  AAA

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity Date

May 06, 2031

6 years 11 months

Yield to Maturity (YTM)

8.1000 %

Effective Returns

Security Class

Debentures

Next Interest Payment Date

May 06, 2025

Allotment Date

May 06, 2021

Call date

-

Put date

-

Coupon Type

Fixed Interest

Calculate Investment

Minimum bond quantity is

Choose number of bonds you want to buy

Bond Value Details

Face Value

₹ 1,000.00

Market Value

₹ 1,004.81

Principal Amount

(Market value * no. of bonds)

₹ 1,004.81

Accrued Interest
till May 28, 2024

(Interest earned on the bond this year)

5

Total Investment

₹ 1,009.75

×

IDBI Trusteeship Services Limited

Issue Details

Issue Size

₹ 599.18 Crores

Public Issue

Listing details

Yes

Debenture Trustee

IDBI Trusteeship Services Limited

Issuer Details

INDIA GRID TRUST

Business Sector

Others

KFIN TECHNOLOGIES PRIVATE LIMITED

Registrar Details

KFIN TECHNOLOGIES PRIVATE LIMITED

Ownership

Non PSU

Security Name

INDIA GRID TRUST SR V CAT III&IV 8.20 NCD 06MY31 FVRS1000

INDIA GRID TRUST SR V CAT III&IV 8.20 NCD 06MY31 FVRS1000

INDIA GRID TRUST SR V CAT III&IV 8.20 NCD 06MY31 FVRS1000

Factors

Yield

Moderate

Issue Size

Large

Rating Category*

AAA

Tax Saving

No

Mode of Issuance

Public Issue

*Rating Agency -Ind-Ra

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

Factors

Yield

Moderate

Issue Size

Large

Rating Category*

AAA

Tax Saving

No

Mode of Issuance

Public Issue

*Rating Agency - Ind-Ra

What can I earn?

Your investment will yield regular returns across the tenure


Your Investment

₹ ₹ 1,009.75


Principal Amount

₹ ₹ 1,004.81

+

Accrued Interest

₹ 5

Final Payout


Principal Payout

₹ ₹ 1,009.75

+

Interest Payout

₹ 574.000000

Year

Payment Schedule (Date)

Interest Payout (₹)

2025

06 May

₹ 82.00

2026

06 May

₹ 82.00

2027

06 May

₹ 82.00

2028

06 May

₹ 82.00

2029

06 May

₹ 82.00

2030

06 May

₹ 82.00

₹ 0

Your Investment

Total Investment

₹ 1,009.75

Final Payout

Total Payout

1,574.000000

2025

2026

2027

2028

2029

2030

2031

Final Payout

Total Payout

1,574.000000

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

AAA

(Feb 12, 2024)

Instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such instruments carry lowest credit risk.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

Under Watch

Not Applicable

Not Applicable

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Repayment Priority

Higher the level, higher the priority of investment repayment on default

Not Applicable

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Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

gurantee icon

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

gurantee icon

Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

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